Strong Outlook for Tankers

Thursday, March 09, 2006
Oil-tanker owners may have a better year in 2006 than last year as the number of new vessels fails to keep pace with demand for crude, The Royal Gazette reported. The fleet will increase by a net five percent this year, compared with 7.8 percent in 2005. (Source: The Royal Gazette)
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Tanker Trends

US Senate Energy Panel Votes to Lift Oil Export Ban

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Navy

UK Navy Chooses Effer Crane Again

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China, Russia in Sea of Japan Joint Military Drills

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